Jabil's Booming Data Center Business Drives Profit Surge
Update: 2025-12-17
Description
Jabil, a key electronics component manufacturer, has released an upbeat financial outlook, predicting higher revenue and profits than anticipated. This optimism is fueled by the surging demand for data centers, particularly those supporting AI technologies. The company expects full-year 2026 revenues to reach $32.4 billion and adjusted annual profit per share of $11.55, both surpassing analyst estimates. Jabils strong performance is evident in its recent first fiscal quarter results, with a 19% revenue increase and adjusted profit per share of $2.85, exceeding expectations. These positive results indicate Jabils successful navigation of the tech landscape, leveraging AI and data center growth for expansion and profitability.
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